Page 7 - Uber Technologies News Today

Royal Bank of Canada reissued their outperform rating on shares of Uber Technologies (NYSE:UBER – Free Report) in a research note published on Tuesday morning, Benzinga reports. They currently have a $80.00 price objective on the ride-sharing company’s stock. A number of other analysts have also recently weighed in on the stock. Moffett Nathanson reaffirmed […]

Westwood Wealth Management decreased its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,700 shares of the ride-sharing company’s stock after selling 3,025 shares during the quarter. Uber Technologies accounts for approximately […]

Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics in Paris, Reuters reported. The ride-hailing platform will offer its "Uber Cruises" free of charge from July 12 to August 3, and customers can also book a day trip. Uber also plans to make a "significant" investment in driver incentives and discounts for riders.

Weiss Asset Management LP bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 11,150 shares of the ride-sharing company’s stock, valued at approximately $687,000. Other hedge funds have also recently modified their holdings […]

PIF said the new company, Neo Space Group, will invest in local and international assets and capabilities, as well as venture capital opportunities.

BluSmart, Indias top electric cab operator, aims to raise $300 million to expand its fleet with cars from top manufacturers, targeting major cities for premium service. The company focuses on electrification and sustainability efforts in India, with plans to double revenue by 2025.

Shares of Uber Technologies, Inc. (NYSE:UBER – Get Free Report) have been assigned an average rating of “Moderate Buy” from the thirty-two brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and thirty have assigned a buy recommendation to the company. The average 12-month price […]

The Wall Street firm looked at the holdings of U.S. large-cap equity mutual funds that are actively managed.